Apple has set its sights on the fast-growing smart glasses category. But the company won’t ship its first pair until late 2027. That timeline, pushed back from earlier expectations, comes as Meta’s Ray-Ban smart glasses rack up sales. They also draw sharp criticism over how they capture the world around them. Mark Gurman first reported the shift in Bloomberg’s Power On newsletter . Developmental snags forced the change. Apple now plans to unveil the glasses late this year or early next. Actual availability follows in 2027. Ming-Chi Kuo, a longtime supply-chain analyst, reached the same conclusion months earlier. The product carries the internal code name N50. It looks nothing like the bulky Vision Pro headset. Instead these resemble ordinary eyewear. No display sits inside the lenses. At least not yet. Users pair the frames with an iPhone. The phone handles heavy processing.…